Northampton Announces Results of Shareholders' Meeting

TSX-V: NHG

TORONTO, Sept. 15, 2014 /CNW/ - Northampton Group Inc. ("Northampton") announced today that at its Annual and Special Meeting of shareholders it received shareholder approval of the previously announced plan of arrangement (the "Arrangement") with 2425138 Ontario Inc. and Deepak Ruparell.  For more information about the Arrangement, see Northampton's Management Information Circular filed on SEDAR on August 20, 2014.   The total number of votes represented at today's shareholders' meeting was 29,233,256 which represents 92.3% of the issued and outstanding common shares and preference shares of Northampton.  The voting results are set out below:


Total Votes

Percentage of
Votes Cast

Arrangement Resolution - Common Shares and
Preference Shares voting as one class

For:         29,211,656
Against:        11,600

99.96%
0.04%

Arrangement Resolution - Common Shares
(excluding 3,922,550 held by 2425138 Ontario Inc.
and Deepak Ruparell)

For:         19,789,106
Against:        11,600

99.94%
0.06%

Arrangement Resolution - Preference Shares

For:         5,500,000
Against:                 0

100%
0%

Northampton will now seek a final order (the "Final Order") from the Ontario Superior Court of Justice (Commercial List) to approve the Arrangement.  Provided the Final Order is granted, and the remaining conditions are satisfied, the Arrangement is expected to be completed on or about September 25, 2014.

All of the director nominees set out in the Management Information Circular dated August 15, 2014 were elected as directors.  BDO Canada LLP was re-appointed as Northampton's auditor.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Northampton Group Inc.

For further information: Vinod Patel, President and CEO, Northampton Group Inc., 905-629-9992

Profil de l'entreprise

Northampton Group Inc.

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.